BSP Memoranda BSP Memoranda No. M-2026-043BSP Memoranda No. M-2026-043 2026-08-20T00:00:00.000+08:00

Resumption of Regular Currency Servicing Hours at the BSP Cagayan de Oro, General Santos, and Ozamiz Branches

OFFICE OF THE DEPUTY GOVERNOR I REGIONAL OPERATIONS AND ADVOCACY SECTOR MEMORANDUM NO. M-2026-_____ 043 To : All Banks Transacting with BSP Cagayan de Oro, General Santos, and Ozamiz Branches Subject : Resumption of Regular Currency Servicing Hours at the BSP Cagayan de Oro, General Santos, and Ozamiz Branches This refers to the Memorandum dated 24 July 2026, entitled “Interim Currency Servicing Arrangements at the BSP Cagayan de Oro, General Santos, and Ozamiz Branches,” which prescribed temporary adjustments to the currency servicing operations of the concerned BSP Branches. Please be advised that, effective 24 August 2026, the BSP Cagayan de Oro, General Santos, and Ozamiz Branches shall resume regular servicing hours for currency transactions. Accordingly, the temporary servicing hours prescribed under the aforementioned Memorandum shall cease to apply upon the effectivity of this issuance. The following currency servicing hours shall henceforth be observed from Monday to Thursday: a. Currency withdrawal transactions – 9:00 a.m. to 12:00 noon; and b. Currency deposit transactions – 9:00 a.m. to 2:00 p.m. All other interim currency servicing arrangements prescribed under the Memorandum dated 24 July 2026 shall remain in full force and effect until further notice or unless otherwise amended or superseded by a subsequent issuance. For guidance and information. Digitally signed by Rosabel Bernardo Guerrero Date: 2026.08.20 19:40:54 +08'00' ROSABEL B. GUERRERO Sector-in-Charge 20 August 2026 __ Page Classification: GENERAL

OFFICE OF THE DEPUTY GOVERNOR I REGIONAL OPERATIONS AND ADVOCACY SECTOR 038 MEMORANDUM NO. M-2026-_____ To : All Banks Transacting with BSP Cagayan de Oro, General Santos, and Ozamiz Branches Subject : Interim Currency Servicing Arrangements at the BSP Cagayan de Oro, General Santos, and Ozamiz Branches To ensure the continued delivery of safe, secure, and efficient currency services to banks transacting with the BSP Cagayan de Oro, General Santos, and Ozamiz Branches, please be advised that the BSP will undertake renovation and retrofitting works on the respective branch buildings. In the interim and pending the completion of these works, the concerned BSP branches shall implement temporary operational arrangements to ensure the uninterrupted provision of currency deposit and withdrawal services. Effective 03 August 2026 and until further notice, the following temporary adjustments to currency servicing shall be observed: a. Suspension of fit currency deposits - Only unfit currency deposits shall be accepted; b. Suspension of the standard verification period – The standard twenty (20)- working-day processing period for the verification of currency deposits shall be temporarily suspended; and c. Revised servicing hours - Currency deposit and withdrawal transactions shall be accepted from 9:00 a.m. to 1:00 p.m., Monday to Thursday. In addition, the concerned BSP Branches shall transition to a just-in-time cash shipment arrangement for currency withdrawal transactions. The implementation date shall be announced separately by each BSP Branch. Upon implementation, banks shall be required to submit their currency withdrawal requests at least one (1) week prior to the scheduled withdrawal date to facilitate the timely processing and preparation of their currency requirements. For guidance and information. Electronically signed by Bernadette R. Puyat 24 July 2026 BERNADETTE ROMULO-PUYAT Deputy Governor 24 __ July 2026 Page Classification: GENERAL

Open the source record ↗

More in BSP Memoranda

Want an analysis of this document?

Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.